The Nigerian National Petroleum Corporation (NNPC) announced on Wednesday that it earned N2.56 trillion revenue from the sale of petrol, kerosene and diesel in about 13 months.
In a statement issued in Abuja, NNPC disclosed that N203.73 billion was made from the sale of white products in the month of July 2021 through the Petroleum Products Marketing Company.
It further stated that a total of 1.544 billion litres of petroleum products were sold and distributed by the PPMC in the month of July 2021 with PMS accounting for 99 per cent of the total volume.
The report stated that the total sale of petroleum products for the period July 2020 to July 2021 stood at 19.535 billion litres and PMS accounted for 99.73 per cent of total volume.
It also indicated a 5.23 percentage increase in the average daily gas supply to power plants in the month of July 2021, which stood at 759 million standard cubic feet of gas per day.
This, according to NNPC, was equivalent to power generation of 3,250 megawatts, against the June 2021 figure of 721mmscfd to generate 3,181MW.
The oil firm said the national gas production in July 2021 increased by 3.99 per cent at 232.69 billion cubic feet, compared to output in the previous month, translating to an average daily production of 7,502.28mmscfd.
For the period July 2020 to July 2021, a total of 2,891.53BCF of gas was produced representing an average daily production of 7,305.43mmscfd.